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Non-KeynesianFiscal Policy Effects

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
 

My book provides you some interesting features concerning fiscal policy. So far, only Keynesian theories which debates that private consumption relates positively to fiscal policy appears to be a well-accepted theory with respect to fiscal policy. Basically, Keynes suggests that fiscal expansion/contraction soars/plummets private consumption. However, other theories considering the overall effect of fiscal policy regarding to private consumption have emerged. Furthermore, two additional theories concerning fiscal policy effects are expounded in my book. The first theory, which is known as Ricardian Equivalence, argues that private consumption does not respond regarding to fiscal policy changes. The second theory covers the fact that private consumption relates negatively with respect to fiscal policy. Both theories assume rational economic agents to smooth private consumption over time. Moreover, these agents are supposed to act forward-looking. In the first part of my book, I elaborate theories which are mentioned above, thoroughly. The second part encloses an investigation in which these theories are applied to five different countries whereas some opposing results came forward.

Product Specifications
SKU :COC69833
AuthorB.J.C. Paulusma
LanguageEnglish
BindingPaperback
Number of Pages68
Publishing Year2011-08-06T00:00:00.000
ISBN978-3845419473
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00
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